financetom
Business
financetom
/
Business
/
DiDi's 99 sues Chinese rival Keeta in Brazilian court
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
DiDi's 99 sues Chinese rival Keeta in Brazilian court
Aug 18, 2025 3:07 PM

SAO PAULO (Reuters) -A Brazilian subsidiary of China's ride-hailing company DiDi Global, called 99, filed a lawsuit on Monday against Chinese rival Keeta before a Sao Paulo court for alleged trademark infringement and unfair competition, according to court documents seen by Reuters.

The lawsuit comes days after Keeta, which is entering the Brazilian market, filed a lawsuit against 99 in Brazil, alleging its food delivery app 99Food was trying to prevent some of its partner restaurants from entering into contracts with more than two delivery platforms.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bristol-Myers Squibb Says Breyanzi Shows 'Lasting' Response in Marginal Zone Lymphoma Trial
Bristol-Myers Squibb Says Breyanzi Shows 'Lasting' Response in Marginal Zone Lymphoma Trial
Jun 16, 2025
08:26 AM EDT, 06/16/2025 (MT Newswires) -- Bristol-Myers Squibb ( BMY ) said Monday that its drug Breyanzi achieved high, lasting response rates among patients with relapsed or refractory marginal zone lymphoma in a phase 2 study. The company said 95.5% of 66 evaluable patients showed an overall response, while 62.1% showed a complete response. At 24 months, 88.6% sustained...
Commerce Bancshares to Acquire FineMark in $585 Million All-Stock Deal
Commerce Bancshares to Acquire FineMark in $585 Million All-Stock Deal
Jun 16, 2025
08:19 AM EDT, 06/16/2025 (MT Newswires) -- Commerce Bancshares ( CBSH ) agreed to acquire FineMark Holdings in an all-stock deal valued at about $585 million, the companies said Monday. Under the deal, which has been approved by both companies' boards, FineMark shareholders will receive 0.69 Commerce common shares for each FineMark common share, equating to $41.87 for FineMark shareholders...
Bunge Gets China, Mexico Approvals for $8.2 Billion Viterra Acquisition
Bunge Gets China, Mexico Approvals for $8.2 Billion Viterra Acquisition
Jun 16, 2025
08:24 AM EDT, 06/16/2025 (MT Newswires) -- (Updates with additional information in the first, second and third paragraphs.) Bunge (BG) said Friday in a regulatory filing that it has received approvals from Chinese and Mexican antitrust authorities for its $8.2 billion acquisition of Viterra. Bunge said with these approvals, all regulatory conditions under the business combination agreement have been met...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved